IXOPAY to help clients protect from fraud through new Kount deal

IXOPAY hopes to help its clients better protect themselves from fraud through its new partnership with Kount.

As part of agreement, users of Kount will be able to connect it with IXOPAY and dynamically evaluate and choose to accept, decline or escalate transactions. This can also be combined with IXOPAY’s risk management engine, enabling a combined risk score based on the risk assessments of both systems and independently.

Kount helps to protect 6,500 customers from digital payment fraud and account takeover via AI-driven fraud prevention, machine learning-backed business policy engine, and device fingerprinting.

IXOPAY VP sales and business development Adam Vissing said, “We are particularly pleased with our cooperation with such renowned experts in the risk management and fraud protection industry.

“Most eCommerce businesses struggle with fraudulent transactions and chargebacks, which cost them a lot of time, money and resources. Therefore, offering our clients an even higher level of fraud protection through the integration of services such as Kount makes perfect sense.”

The independent and PCI-DSS certified payment platform helps e-commerce merchants integrate payment systems with risk management, automated reconciliation and settlements tools.

Kount vice president Tom War said, “Kount and IXOPAY’s partnership allows business to confidently make transaction decisions that further their business objectives while protecting their digital innovation from fraud.

“Kount’s 12+ years in the payments fraud prevention and account protection industry has demonstrated our ability to help businesses cut chargebacks and decrease declined

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